According to the research report titled ‘Agriculture Analytics Market Share, Size, Trends, Industry Analysis Report By Application Area ; Component; Farm Size; By Regions, Segments Forecast, 2020 - 2026‘, available with Market Study Report, global agriculture analytics market is expected to reach  a valuation of USD 1,991.6 million by 2026.
 

Rising government initiatives towards implementation of modern agriculture techniques such as artificial intelligence and analytics among farmers, high pressure of satisfying the increasing demand for food and focus towards improving farming productivity are the major factors expected to drive the global agriculture analytics market during the forecast period.
 

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According to trusted reports, the current rate of agriculture production, distribution and process will not be enough for the increasing population, which in turn has created significant demand for advanced technologies at several stages of farming. This factor is anticipated to fuel the global agriculture analytics market.
 

However, requirement of large investments for deployment of agriculture analytics is expected to be a major factor to hamper the industry growth. Despite that, technological developments, improvements in infrastructure and the use of high-end farming equipment has encouraged the investors to support the farming sector, thereby fueling the global agriculture analytics market in coming years.
 

Based on application spectrum, the global agriculture analytics market is split into livestock, farm, and aquaculture analytics. With respect to farm size, the industry is bifurcated into services and solutions. As per farm size, the market is classified into large, medium and small.
 

Among these, the large farm segment held the largest industry share in the year 2019, primarily due to focus towards improving agricultural resources in order to meet the worldwide food demand.   
 

Based on regional overview, North America agriculture analytics market is expected to witness tremendous growth during the forecast period, owing to increasing adoption of farming machinery in the region. Meanwhile, Asia Pacific market is anticipated to showcase ample of expansion opportunities during the forecast period.
 

Key players operating in global agriculture analytics market are Agribotix LLC, Accenture plc, IBM Corporation, AgVue Technologies, Awhere Inc., Deere & Company, Delaval Pvt. Ltd, DTN Company, Agrivi Ltd., Stesalit Systems Ltd., Taranis Technologies, Farmers Business Network Inc., Conservis Corporation, Farmers Edge Inc., Geosys Pvt. Ltd., Gro Intelligence Inc., Granular Inc., Monsanto Company, Iteris Inc., Oracle Corporation, Proagrica, Resson Inc., SAP SE, Precisionhawk Inc., and Trimble Inc.